Could it be the underwriter of the rights issue pumping the stock? A stock doesn't go up 100% with no news some something happening behind the scenes.
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks
AN1 CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch